Pope Francis

From Darkness to Light with Courage

Storm Clouds! Such incredible suffering, deceit and Darkness – where is the relief, the Silver Lining, bright Light and emerging Rainbow?

On this Memorial Day 2020, over 5.5 million people worldwide have contracted the coronavirus Covid-19 and about 345,000 people have died. While the animal to human virus began in China and quickly spread around Asia to Europe, those countries have been more proactive in quickly responding and reducing the spread than in the Americas. Wearing masks and contact tracing are leading factors for stopping the spread.

The United States leads the way in cases and deaths by about four times compared to other countries which has nothing to do with numbers of people being tested, as the President claims to hide reality and spread more darkness. We’ve learned from Columbia University that if the Administration took action just one week sooner, then possibly 36,000 Americans would still be living. About 100,000 people have died in the U.S. in just a few short months during an unprecedented lockdown and now the virus is spreading like wildfire in Brazil with over 22,000 dead. There is incredible suffering by individuals, families who cannot visit or mourn for their loved ones, health-care professionals, and close to eight billion of us are all being affected.

This pandemic might be the first time that humanity has ever been on the same level – all because of an invisible, microscopic enemy. The virus is an equal opportunity human invader as no one is immune. Rich and poor, all countries, races, religions, political affiliation, sexes, and ages. There are many disparities within groups as some races are being impacted more than other groups. We don’t yet know why some groups are more impacted than others but it appears the virus does not discriminate. Initially, people thought Covid-19 only affected the elderly but later we found out that children are been affected in multiple, complex ways.

Ammachi says we need to have courage to fight the coronavirus. From a disciple’s book Color of the Rainbow, Compassionate Leadership, Amma is quoted, “Life seems to be unfair only when perceived with our external eyes. Observe it from within and we realize that life is always fair, because life is the totality, the cosmos. People can be unfair, but the cosmos ought to be fair, since it is equally available to everyone, but we should always remain well-rooted in out own deep convictions about the values of life.”

His Holiness the Dalai Lama, “No matter how difficult the situation may be, we should employ science and human ingenuity with determination and courage to overcome the problems that confront us. Faced with threats to our health and well-being, it is natural to feel anxiety and fear. Nevertheless, I take great solace in the following wise advice to examine the problems before us: ‘If there is something to be done—do it, without any need to worry; if there’s nothing to be done, worrying about it further will not help.”

Pope Francis insists that “an emergency like Covid-19 is overcome in the first place by the antibodies of solidarity.” This lesson “breaks all the fatalism in which we have immersed ourselves and allows us to return to be the architects and protagonists of a common history,” he says, and it enables us “to respond together to the many evils that are affecting so many of our brothers and sisters across the globe.”

Have courage to speak the truth as you know it, share compassion and courage with others, pray for everyone to come together to seek Nature’s balance and we can make our world habitable for all life.

Climate Commitments by BlackRock

Yesterday’s announcement by the Vatican on carbon pricing as a control on climate impacts included BlackRock, Inc., the largest asset management company in the world. They hold over 6.5 trillion dollars in assets for institutions and individual investors. They created iShares exchange-traded funds (ETFs) which holds stocks like an index mutual fund that are traded as stocks with low management fees. They also manage U.S. federal employee retirement pensions in the Thrift Saving Plan.

First for full disclosure, I own stock in BlackRock (NYSE:BLK) but it has not performed well in the past 52 weeks, down 15%. The yield of over 3% is attractive and has a low price to earnings ratio (P/E). They have 70 offices in 30 countries but recently needed layoffs to control costs.

According to the BlackRock history webpage, eight people created BlackRock in 1988 (including the current CEO Larry Fink) “to put clients’ needs and interests first.” They became a public company in 1999 and have tremendous influence on other companies and investors.

In September 2016, BlackRock issued a statement on climate change: “Investors can no longer ignore climate change. Some may question the science, but all are faced with a swelling tide of climate-related regulations and technological disruption. We show how to mitigate climate risks, exploit opportunities or have a positive impact.”

In January 2019 they announced the BlackRock Investment Stewardship’s approach to engagement on climate risk, “As part of its investment process on behalf of its clients, BlackRock assesses a range of factors that might affect the long-term financial sustainability of the companies in which we invest. We have determined that climate change presents significant investment risks and opportunities that have the potential to impact the long-term value of many companies.”

Therefore, BlackRock is taking a leadership role in the climate change debate by showing business sustainability must consider short and long-term risk factors. Climate change poses the greatest risk to humanity so businesses cannot afford to ignore science realities despite the noise and confusion coming from some sectors of government and industry.

Climate Commitments by Big Oil

Today, the Associated Press reports that, “Some of the world’s major oil producers pledged Friday to support “economically meaningful” carbon pricing regimes after a personal appeal from Pope Francis to avoid “perpetrating a brutal act of injustice” against the poor and future generations.”

The AP quotes Pope Francis stating, ”Faced with a climate emergency, we must take action accordingly, in order to avoid perpetrating a brutal act of injustice toward the poor and future generations.”

The article also provides the joint CEOs statement, “Reliable and economically meaningful carbon pricing regimes, whether based on tax, trading mechanisms or other market-based measures, should be set by governments at a level that incentivizes business practices ... while minimizing the costs to vulnerable communities and supporting economic growth.”

Big Oil cannot hide the truth any longer about our climate crisis which affects us all. Climate change is both a local health issue, such as gasoline engines and coal-fired power plants emitting carbon dioxide and many other air pollutants, as well as a global crisis affecting life on our planet. See what the National Institute of Environmental Health Sciences says about health impacts from air pollution causing climate change.

Pressure continues to mount on taking climate action and is affecting Main Street and Wall Street, school children, and all life, knowingly or unknowingly. Two years ago I wrote a blog on Auden Schendler ‘s 2009 book Getting Green Done: Hard Truths from the Front Lines of the Sustainability Revolution (see Products page). Last October, he and Andrew P. Jones wrote an opinion column for The New York Times titled, Stopping Climate Change Is Hopeless. Let’s Do It. Mr. Schendler was kind enough to share the link upon my request this week for his latest work. They state in the article, “It begins with how we live our lives every moment of every day.”

I totally agree and sincerely hope that all available resources, including Conserve & Pro$per, can help to make a difference! Please share your comments or send an email at info@conserve-prosper.com